The EU’s deal with Vietnam is considered hypocritical by many Asian nations.
The National Assembly of Vietnam will ratify the recently-signed EU-Vietnam Free Trade Agreement (EVFTA).
The new EU-Vietnam free trade deal could spark a manufacturing exodus from Thailand to Vietnam. Thailand will likely look to other markets to compensate.
Private sector companies like Bayer are looking forward to further institutional and policy reforms after the EVFTA ratification which can consequently create favourable conditions to promote the business and investment environment.
The European Union and Vietnam on Sunday signed a long-awaited free trade deal that will slash duties on almost all goods, an agreement that pushes back against a rising tide of global protectionism.
Les deux parties ont échangé des solutions pour augmenter la valeur d’échanges commerciaux bilatéraux dans les temps à venir dont la diversification des produits à l’export, la possibilité pour élaborer un accord de libre-échange bilatéral.
A landmark free-trade agreement (FTA) between Vietnam and the EU will open up options for new petrochemical trade flows, but may not lead to a quick shift away from Hanoi’s main export markets in China and southeast Asia.
Behind the smiles and handshakes, the signature of the EU-Vietnam trade and investment deals - being agreed on Tuesday (25 June) and to be signed at the end of this week - have dire consequences for human well-being and our ability to prevent climate and ecological breakdown.
EU and Vietnam formed a Joint Committee for the implementation of the EU-Vietnam Framework Agreement on Comprehensive Partnership and Cooperation (PCA) and held its first meeting in Hanoi on May 10
Vietnam expects to sign a long-anticipated free trade agreement with the European Union before the end of June, the Southeast Asian country’s foreign ministry said.
The European Parliament elections, which take place May 23-26, 2019, are causing further delays for the EU-Vietnam free trade agreement
The European Parliament and the European Council should postpone the ratification of the proposed EU-Vietnam Free Trade Agreement until the Vietnamese government takes concrete steps to improve its increasingly abusive human rights record.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership or CPTPP will take effect at the end of 2018 after Australia became the sixth nation to ratify it.
The two sides should continue technical discussions to define the framework and issues need to be negotiated, thereby creating favourable conditions for the later negotiation process, Vietnamese Prime Minister said.
As published by the European Commission
The economic and trade cooperation between Vietnam and the EAEU has achieved important results after two years since the signing of the Free Trade Agreement between Vietnam and the Eurasian Economic Union (Vietnam-EAEU FTA), contributing to creating a motivation for the economic development of each country and expanding cooperation in the region.
Most Vietnamese enterprises lack awareness about free trade agreements (FTAs) the country plans to sign with other countries, especially the EU-Việt Nam Free Trade Agreement (EVFTA), according to a survey.
Hanoi’s ratification would be fourth of six needed for trade deal to take effect.
Vietnam and the EU have concluded their discussions on an Investment Protection Agreement, which they decided to keep it separate from their free trade agreement.